7878 MERCHANTS WayJacksonvilleFL32222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Jacksonville at 7878 MERCHANTS Way, Jacksonville, FL, 32222 listed at $239,900 pairs $1,944/mo rent with a $1,174/mo payment to leave $78/mo cash flow. Total monthly income runs $1,944/mo, and annual cash flow reaches $933/yr on $79,527 cash to close. Return on cash invested measures 21.08% in year one, and rental yield registers 9.72% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 111.22% and total cumulative return in cash totals $88,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,944/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
2,178 sqft lot
$N/A/sqft
$241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32222, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 5,606 (65.1%) |
| Renter Occupied HU | 2,225 (25.9%) |
| Vacant Housing Units | 774 ( 9.0%) |
| Median Home Value | $344,525 |
| Average Home Value | $365,256 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
6,562
Multi-Family
1,078
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID PHAN • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2055686
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.